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20121201
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. we'll be right back with more live coverage on this breaking and developing story, next up. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. you can stay in and like something... or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. >>> to chew on this we bring in our pam. heather and interesting our congressmen, at least one of them, wanted to know why the republican party is going through this plan b exercise. that was conservative house member jim jordan. why are they going through this? >> well, one alterly sympathizes with his point of view. he had great legislation. tried to bring it up again in a current form. the reason that they're going through it is that the republican party has essentially two pieces. it has
is on. this is the pursuit of perfection. well, if it isn't mr. margin. mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. so why exactly should that be of any interest to you? well, in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. like the transatlantic cable that connected continents. and the panama canal that made our world a smaller place. we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? be
's robert frank joins us now with the details. it's a sad story, bob. >> it is a sad story but very important. we focused a lot on the income tax, capital gains rate, dividends tax. this is huge for the wealthy. right now, you can give up to $10 million per couple to friends, heirs, whatever and then the tax kicks in. next year, that drops to $1 million and the rate goes from 35% to 55%. if you have a large estate, this is a huge amount of money. what's happening is you have all these wealthy families transferring millions, billions of dollars probably to their heirs in advance of this tax increase. >> in the next couple of weeks. >> it's happening right -- i've talked to trust and estate attorneys who have no time to talk to me because they're doing so many transactions for these people. >> i was reading, the president's estate tax idea, he doesn't want to go back to 35% and $5 million single, $10 million married. he wants 45% and a $1 million exemption. what i'm suggesting is either way, people are right to do what they're doing because they have the best break they're going to ge
? who would have thought? i did. we did, bob. we did. got it. to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or there's no dessert. this invitation is brought to you by bp and all of us who call the gulf home. >>> good evening bertha. >> good evening. hopefully it will be averted. the d
Search Results 0 to 3 of about 4